Contact: Jeff Shenk: 925-378-4663
Status: Active Posting #: 264195 Refreshed: 4/8/2021
Asking Price: $3,995,000
Down Payment: $1,500,000
Annual SDC: $645,000
Annual Gross: $2,503,000
Attributes: Semi Absentee Run, Training And Support
Fully-licensed and profitable well-established cultivation site since 2016. Fully turn-key operation located in Monterey County. Everything is set up and ready to start growing immediately. The current owners invested a tremendous amount of time, effort and financial resources. Cultivation produces 1.5 to 2 lbs per light or 1,200 lbs of cannabis flower per year. Seller claims; the entire facility is not used for cultivation, yield could be increased 35% to 1,650 lbs, generating $4,125,000 annually at $2,500 per pound. Max space available for cultivation is 5,000 sq. ft.